Lakeside at Tessera: 8 Months of Inventory Signals Buyer Market

How many months of homes does it take to balance supply and demand? In Lakeside at Tessera, the answer is 8.12 months based on the rolling six-month data ending October 31, 2026. This figure places the market firmly in buyer territory, where inventory exceeds the typical pace of sales. ALEX Intelligence calculates this metric by dividing the current active listings of 23 homes by the average monthly closings of roughly three homes over the last half-year. A reading above six months generally indicates a shift toward buyer advantage, giving purchasers more time to negotiate and select from available properties. The data supports this classification with clear trends. Median closing prices have dropped 17.8% compared to the same period last year, falling to $410,000 across 17 closed sales. Additionally, homes are spending an average of 131 days on market, a significant increase from the 97 days recorded in the prior year. While the number of closed sales has fluctuated, the sustained inventory level confirms that buyers currently hold the upper hand in this specific community. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog